Value Added (Total Manufacturing) — Value US$ in Belgium
Belgium: Value Added (Total Manufacturing) — Value US$ was 72,567 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$ in Belgium, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Belgium recorded 72,567 million USD for value added (total manufacturing) — value us$ in 2023. That is the highest value across all 54 years on record.
The figure is up 0.5% on the previous year and up 9.3% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Belgium peaked at 72,567 million USD in 2023 and was at its lowest, 8,004 million USD, in 1970.
That places Belgium 39th out of 236 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$ in Belgium, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 8,004 million USD | — |
| 1971 | 8,427 million USD | +5.3% |
| 1972 | 10,518 million USD | +24.8% |
| 1973 | 13,587 million USD | +29.2% |
| 1974 | 16,088 million USD | +18.4% |
| 1975 | 16,779 million USD | +4.3% |
| 1976 | 18,004 million USD | +7.3% |
| 1977 | 20,345 million USD | +13.0% |
| 1978 | 23,985 million USD | +17.9% |
| 1979 | 27,601 million USD | +15.1% |
| 1980 | 26,289 million USD | -4.8% |
| 1981 | 20,214 million USD | -23.1% |
| 1982 | 18,565 million USD | -8.2% |
| 1983 | 17,706 million USD | -4.6% |
| 1984 | 16,755 million USD | -5.4% |
| 1985 | 17,795 million USD | +6.2% |
| 1986 | 24,759 million USD | +39.1% |
| 1987 | 29,675 million USD | +19.9% |
| 1988 | 33,143 million USD | +11.7% |
| 1989 | 33,696 million USD | +1.7% |
| 1990 | 41,616 million USD | +23.5% |
| 1991 | 39,678 million USD | -4.7% |
| 1992 | 42,930 million USD | +8.2% |
| 1993 | 39,790 million USD | -7.3% |
| 1994 | 43,864 million USD | +10.2% |
| 1995 | 52,814 million USD | +20.4% |
| 1996 | 50,724 million USD | -4.0% |
| 1997 | 46,496 million USD | -8.3% |
| 1998 | 46,946 million USD | +1.0% |
| 1999 | 44,695 million USD | -4.8% |
| 2000 | 41,524 million USD | -7.1% |
| 2001 | 40,343 million USD | -2.8% |
| 2002 | 43,394 million USD | +7.6% |
| 2003 | 51,530 million USD | +18.7% |
| 2004 | 59,406 million USD | +15.3% |
| 2005 | 61,217 million USD | +3.0% |
| 2006 | 61,315 million USD | +0.2% |
| 2007 | 70,922 million USD | +15.7% |
| 2008 | 72,388 million USD | +2.1% |
| 2009 | 62,286 million USD | -14.0% |
| 2010 | 63,222 million USD | +1.5% |
| 2011 | 68,272 million USD | +8.0% |
| 2012 | 62,908 million USD | -7.9% |
| 2013 | 66,374 million USD | +5.5% |
| 2014 | 67,699 million USD | +2.0% |
| 2015 | 57,943 million USD | -14.4% |
| 2016 | 58,091 million USD | +0.3% |
| 2017 | 62,342 million USD | +7.3% |
| 2018 | 66,983 million USD | +7.4% |
| 2019 | 66,625 million USD | -0.5% |
| 2020 | 63,627 million USD | -4.5% |
| 2021 | 64,310 million USD | +1.1% |
| 2022 | 72,173 million USD | +12.2% |
| 2023 | 72,567 million USD | +0.5% |
Belgium compared with similar countries
- Belgium's 72,567 million USD is above the median for high income countries, which is 11,780 million USD, 6.2× the median. (73 countries reporting)
- Belgium's 72,567 million USD is above the median for Europe & Central Asia, which is 15,638 million USD, 4.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16,334 million USD | 8,004 million USD | 27,601 million USD | 10 |
| 1980s | 23,860 million USD | 16,755 million USD | 33,696 million USD | 10 |
| 1990s | 44,955 million USD | 39,678 million USD | 52,814 million USD | 10 |
| 2000s | 56,433 million USD | 40,343 million USD | 72,388 million USD | 10 |
| 2010s | 64,046 million USD | 57,943 million USD | 68,272 million USD | 10 |
| 2020s | 68,169 million USD | 63,627 million USD | 72,567 million USD | 4 |
Countries ranked near Belgium
More economy & growth data for Belgium
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -19.31 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0266 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1,617 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -28.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.39 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0397 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -2,411 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Belgium?
- Value added (total manufacturing) — value us$ in Belgium was 72,567 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Belgium?
- The highest recorded value was 72,567 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Belgium?
- The lowest recorded value was 8,004 million USD in 1970.
- How does Belgium rank for value added (total manufacturing) — value us$?
- Belgium ranks 39th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Belgium?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).